Professional job vacancies up 38%, says recruitment firm

A leading Irish recruitment consultancy has today reported a 38% increase in new professional job vacancies compared to a year ago, despite a drop in June.

Measuring the period up to June 2010, the firm reported vacancies rising from 4,117 compared to 5,669 in June 2009.

Month-on-month however, job volumes showed a drop of 7% from 6,124 in May 2010 to 5,669 in June 2010.

While the number of new available jobs has increased since June 09, the number of professionals in the Irish jobs market has also risen, with a 55% increase from 8,070 in June 2009 to 12,480 in June 10.

Month-on-month, the volume of professionals looking for new career opportunities has also increased by 12%, rising from 11,135 in May 2010 to 12,480 in June 2010.

“Although June 2010 saw new professional job opportunities decrease by 7% compared to May 2010, the volume of job vacancies was still at the second highest level since November 08," said Brian Murphy, CEO of Premier Group in Ireland.

“The drop is also being measured against May 2010, which experienced the highest number of new professional jobs coming on to the market since October 2008.

“It is encouraging to consider the significant professional jobs growth of 31% that we have experienced in the Irish market in H1 2010 over H2 2009.

“Since the lows experienced in Q3 2009 we have now seen three consecutive quarters of growth in job numbers: Q4 2009 grew by 13% over Q3 2009, Q1 2010 grew by 18% over Q4 2009 and Q2 2010 has grown by 8% over Q1 2010.

“While these growth levels are coming off the very low base experienced in Q3 2009, they give hope that perhaps the worst is behind us and indicate that some confidence has returned to the jobs market and businesses are taking a more positive approach to hiring.

“The IT sector has shown particularly strong growth for the second consecutive month with high demand for software developers driven partly by new business operations entering the Irish IT market in recent months.

“Candidate availability remained strong in June 10 with a 12% increase on the previous month. Many companies are still quite selective when recruiting so the market remains challenging for professionals looking for new jobs.”

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